Odaily News In response to the flash loan attack, Normie, a meme coin of Base Ecosystem, posted on the X platform that the deployer wallet currently still has a balance of more than 500 ETH, and all of these funds will be used to compensate and repair the incident. Normie apologized for the delayed response and said that it is currently actively solving the problem and maintaining communication with key partners to find a solution as soon as possible. However, Normie is still unsure whether it needs to redeploy or fork the project. Normie reminded that before further confirmation, do not buy related tokens because the attacker is still continuing to mint or obtain tokens. CoinGecko data shows that NORMIE is currently at $0.002004, a 24-hour drop of 94.9%. Odaily Note: There are fake X accounts that leave comments and post phishing links under this tweet. Users need to identify the authenticity and be wary of phishing scams. Earlier news, X user Freedom posted that there is 0.63% of the token supply remaining in the NORMIE contract, but the tax has been turned off. When the tax reaches 1%, (even if the tax is 0/0) the contract will be triggered to autodump the tax. Therefore, the attacker made a flash loan, sent the difference (about 0.37% of the supply) to the contract, and repeatedly bought and sold in the same transaction to drain 1% of the tokens from the contract (causing more than 1% of the supply to be sold). The attacker then bought a large amount of tokens at a price of 0 in the same block, making a huge profit. It is worth noting that the project also made considerable profits from this tax autodump and had enough funds to buy back the tokens.